Conversions

14.

Gas price

  p/kWh
  p/'00MJ
  p/th
  p/GJ
  £/mmBtu
  p/scm *
  p/'000scf *
  £/BOE

1 MMJ = 1 TJ = 1000 GJ = 1,000,000 MJ

1p/th = £100/scf (approximately)

$1/mmBTU = $5.8/BOE approx (oil parity coefficient = 0.1724)

* The above conversions to volume bases assume a GCV of 35 MJ/scm (0.991 MJ/scf). For other quality gas find the price in p/therm and the GCV in MJ/sm3 and use the conversion below:


  Price (p/th)
  GCV (MJ/sm3)
  p/sm3
  p/'000ft3

1 MMJ = 1 TJ = 1000 GJ = 1,000,000 MJ

1p/th = £100/scf (approximately)

$1/mmBTU = $5.8/BOE approx (oil parity coefficient = 0.1724)